Jennison Associates Portfolio holdings
Jennison Associates, founded in 1969 and headquartered in New York City, is a global investment management firm managing over $194 billion in assets as of late 2024, specializing in active equity and fixed-income strategies. A subsidiary of PGIM, the asset management arm of Prudential Financial, Jennison serves a diverse client base—including institutions, sub-advisory clients, public plans, endowments, and corporations—with a focus on fundamental research, bottom-up portfolio construction, and high-conviction investing. Known for its equity expertise across styles, geographies, and market capitalizations, as well as investment-grade fixed-income offerings, the firm employs seasoned portfolio managers averaging 29 years of industry experience and 16 years with Jennison. With additional offices in Boston and a culture emphasizing intellectual rigor and long-term client outcomes, Jennison has built a reputation for excellence and stability in the investment management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPCX
SpaceX
SPCX
|
+$1.27B |
| 2 |
SNDK
Sandisk
SNDK
|
+$674M |
| 3 |
Credo Technology Group
CRDO
|
+$476M |
| 4 |
NBIS
Nebius Group N.V.
NBIS
|
+$452M |
| 5 |
Vertiv
VRT
|
+$420M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.98B |
| 2 |
Amazon
AMZN
|
+$1.25B |
| 3 |
Shopify
SHOP
|
+$1.08B |
| 4 |
Edwards Lifesciences
EW
|
+$1.07B |
| 5 |
Microsoft
MSFT
|
+$630M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 43.11% |
| 2 | Communication Services | 13.94% |
| 3 | Consumer Discretionary | 10.64% |
| 4 | Industrials | 9.08% |
| 5 | Healthcare | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Ecovyst
ECVT
$1.11B
| $1.01M | ﹤0.01% |
+81,299
| New | +$1.1M |
|
|
FBRT
502
Franklin BSP Realty Trust
FBRT
$703M
| $1.01M | ﹤0.01% |
123,723
-2,470
| -2% | -$21.5K |
|
503
MYR Group
MYRG
$4.58B
| $994K | ﹤0.01% |
+1,987
| New | +$816K |
|
504
Asana
ASAN
$2.35B
| $992K | ﹤0.01% |
141,683
+19,327
| +16% | +$130K |
|
505
Rambus
RMBS
$9.3B
| $968K | ﹤0.01% |
7,295
+556
| +8% | +$72.3K |
|
506
Broadstone Net Lease
BNL
$4.32B
| $966K | ﹤0.01% |
+46,750
| New | +$943K |
|
507
Apogee Therapeutics
APGE
$10.2B
| $964K | ﹤0.01% |
7,265
-577,751
| -99% | -$52.1M |
|
508
DigitalOcean
DOCN
$13.1B
| $962K | ﹤0.01% |
+6,129
| New | +$829K |
|
509
FormFactor
FORM
$7.94B
| $943K | ﹤0.01% |
+5,898
| New | +$783K |
|
510
Brinker International
EAT
$9.87B
| $917K | ﹤0.01% |
+5,461
| New | +$808K |
|
511
LeMaitre Vascular
LMAT
$1.84B
| $915K | ﹤0.01% |
+9,533
| New | +$977K |
|
512
Kohl's
KSS
$1.98B
| $883K | ﹤0.01% |
+49,810
| New | +$739K |
|
513
Stride
LRN
$3.61B
| $881K | ﹤0.01% |
10,221
-3,540
| -26% | -$325K |
|
514
Photronics
PLAB
$1.64B
| $880K | ﹤0.01% |
27,059
-2,797
| -9% | -$118K |
|
515
Skywest
SKYW
$3.84B
| $873K | ﹤0.01% |
8,787
-7,027
| -44% | -$625K |
|
516
Modine Manufacturing
MOD
$9.43B
| $870K | ﹤0.01% |
+3,258
| New | +$859K |
|
517
Coeur Mining
CDE
$21.7B
| $863K | ﹤0.01% |
52,893
-5,157
| -9% | -$94K |
|
518
Hecla Mining
HL
$13.7B
| $855K | ﹤0.01% |
55,425
-10,001
| -15% | -$176K |
|
519
The Ensign Group
ENSG
$10.1B
| $848K | ﹤0.01% |
5,289
+1,135
| +27% | +$200K |
|
520
Ferrari
RACE
$73.9B
| $848K | ﹤0.01% |
2,277
-64,338
| -97% | -$22.4M |
|
521
Abercrombie & Fitch
ANF
$6.59B
| $824K | ﹤0.01% |
+9,153
| New | +$777K |
|
522
TETRA Technologies
TTI
$1.01B
| $807K | ﹤0.01% |
71,269
-4,895
| -6% | -$48K |
|
523
Casey's General Stores
CASY
$28B
| $804K | ﹤0.01% |
1,011
-12,624
| -93% | -$10.2M |
|
524
Kennametal
KMT
$2.25B
| $799K | ﹤0.01% |
+22,808
| New | +$831K |
|
525
Progress Software
PRGS
$1.84B
| $769K | ﹤0.01% |
+22,900
| New | +$678K |
|
Similar funds
Jennison Associates's Q2 2026 Portfolio in Review
As of Q2 2026, Jennison Associates held 641 positions worth $167B, up 15% from $145B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Jennison Associates withdrew a net $6.22B in Q2 2026, closing 74 positions and reducing 282 holdings. Its most notable exit was Gilead Sciences, an estimated $176M position sold in full.
By sector, the portfolio is most concentrated in Technology at 43% of assets, up from 39% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in SpaceX worth $1.27B.
- Jennison Associates's largest Q2 2026 buy was SpaceX: 7,448,891 shares worth $1.27B.
- Jennison Associates added most to Credo Technology Group in Q2 2026, an estimated $476M increase.
- Jennison Associates's biggest Q2 2026 reduction was NVIDIA, cutting an estimated $1.98B.
- Jennison Associates fully exited Gilead Sciences in Q2 2026, selling an estimated $176M.
- Jennison Associates's ten largest holdings make up 45% of its $167B portfolio in Q2 2026.
- Jennison Associates opened 79 new positions and closed 74 in Q2 2026.
- Jennison Associates's portfolio value rose 15% quarter-over-quarter to $167B.
Based on Jennison Associates's 13F filing for Q2 2026, filed 3 Aug 2026.